With the explosive growth of its subscriber base, to fuel its expansion plan Airo Telecon Co. Ltd. Wants to raise Rs 500 crore by issuing equity shares.
(a) Identify and state the market Airo Telecom Co. Ltd. will look for to raise funds worth Rs 500 crore to fuel its expansion plane. Give reason in support of your answer.
(b) Explain any four methods through which Airo Telecom Co. Ltd. can issue equity shares.

Explanation

(a) Primary market
Primary market is a type of capita market in which new securities are issued by the companies. Since Airo Telecom Co. Ltd. wants to raise Rs 500 crore by issuing new equity shares, it will look for the primary market.
(b) Methods through which Airo Telecom Co. Ltd. can issue equity shares are: (Explain any four)
(i) Offer through prospectus
(ii) Offer for sales
(iii) Private placement
(iv) Rights issue
(v) e-IPOs